While some studies of artificial intelligence have suggested that AI could impact as much as 80% of jobs, a new study by MIT's Computer Science and Artificial Intelligence Laboratory (CSAIL) concludes that mass displacement on that scale is not economically feasible, at least at present.
The study only looked at jobs requiring visual analysis and found that many of them would not make economic sense to automate. These jobs are mostly filled by low wage, multi-tasking workers. Researchers did not investigate the potential impact of text and image generating AI models on workers and the economy. It would seem that these models would be more likely to augment human labor rather than replace it.
While the effects of AI on the economy and the workforce will need further study, it seems that for the forseeable future workers will adapt to artificial intelligence rather than being replaced by it.